Denmark: Market for Iron Or Steel Towers And Lattice Masts 2025

Market Size for Iron Or Steel Towers And Lattice Masts in Denmark

The Danish iron or steel towers market totaled $X in 2021, growing by 3% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Iron Or Steel Towers And Lattice Masts in Denmark

In value terms, iron or steel towers production totaled $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 126%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Denmark

In 2021, after two years of decline, there was significant growth in shipments abroad of iron or steel towers and lattice masts, when their volume increased by 66% to X tons. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 76% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron or steel towers exports surged to $X in 2021. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 79%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Norway (X tons) were the main destinations of iron or steel towers exports from Denmark, together comprising 76% of total exports. These countries were followed by Germany, Angola, Ukraine and Sweden, which together accounted for a further 4.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +1,802.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and Angola ($X) were the largest markets for iron or steel towers exported from Denmark worldwide, together accounting for 79% of total exports.

Angola, with a CAGR of +2,354.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron or steel towers export price stood at $X per ton in 2021, dropping by -13.3% against the previous year. Overall, the export price recorded a mild reduction. The pace of growth appeared the most rapid in 2015 an increase of 40%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Denmark

In 2021, approx. X tons of iron or steel towers and lattice masts were imported into Denmark; with a decrease of -6.5% compared with the year before. In general, imports, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 336%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, iron or steel towers imports declined to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 282% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest iron or steel towers supplier to Denmark, with a 41% share of total imports. Moreover, iron or steel towers imports from Vietnam exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was held by China (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Vietnam amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-10.1% per year) and China (+20.6% per year).

In value terms, Vietnam ($X), South Korea ($X) and China ($X) were the largest iron or steel towers suppliers to Denmark, together accounting for 64% of total imports. Spain, Germany, India, Portugal, Poland and Turkey lagged somewhat behind, together comprising a further 26%.

Turkey, with a CAGR of +1,121.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron or steel towers import price stood at $X per ton in 2021, dropping by -4.8% against the previous year. Over the period under review, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 250%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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